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Riverside County Grand Jury Exposes Fraud and Deceit In CFD Bonds
The 2018/2019 Riverside County Grand Jury has released a Report titled: “Community Facilities District Bond Funding in Riverside County Perpetual Debt Under CFD and Service Area Taxes.” CFD Bond Fraud is rampant throughout Riverside County, but nowhere are the Mello Roos State Laws more violated than in the City of Beaumont.
Former Beaumont Officials Guilty in Corruption Case – Admit Engaging in Fraud
Four former Beaumont officials accused of corruption pleaded guilty Tuesday, Dec. 19, to charges including embezzlement, misappropriation of public funds and conflict of interest, and agreed to pay a total of $8.1 million in restitution.
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Activist Judy Bingham Lauded for Sounding a Warning
Judy Bingham said she’s just a citizen looking out for taxpayers’ money. In the wake of charges being filed against seven former city officials, others are offering far greater praise. “She’s a local … more
City releases SEC subpoenas
Federal investigators looking into Beaumont’s finances sought information on bonds issued between 2008 and 2013, the departure of the former city manager and finance director, and the city’s practice … more
Angry residents discuss alleged corruption
A day after seven former Beaumont officials were charged with misappropriating about $43 million in city money for their own gain, residents were quick to express their outrage. At the city’s West Six … more
City’s handbook warns against conflict of interest
Beaumont’s employee handbook includes a section on guarding against conflicts of interest at the beginning of the 83-page document. Last amended in June 2009, the personnel manual advises employees to … more
Defendants ‘signed off on payments’ to their company, document alleges
Court documents filed in the Beaumont corruption case outline how investigators believe some of the seven defendants set up a system that kept their deals and millions of dollars in alleged illicit mo … more
How Urban Logic rose to power in city
A the heart of the corruption probe against Beaumont officials is the city’s relationship with the consulting firm Urban Logic and three of its founders. The city has contracted with the company for m … more
City’s woes include probes, legal battles
The Securities and Exchange Commission and State Controller’s Office have also investigated the city, which is embroiled in a lawsuit appeal over unpaid fees to a regional agency. While a corruption p … more
How Beaumont Officials Tapped Millions in Bond Funds
More than two decades ago, a handful of consultants devised a strategy to revitalize the small Riverside County city of Beaumont by encumbering future residents with bond debt. Working as consulting c … more
Beaumont suspects own coastal land, 60 bank accounts
Some of the former Beaumont city officials who were arrested Tuesday on embezzlement allegations own a 27-acre coastal property along the Pacific Coast Highway, a 5-acre estate in Riverside and a cabi … more
Why Beaumont still owes millions in transportation lawsuit
On top of its other problems, Beaumont may owe more than $60 million over its past failure to collect regional transportation fees. City officials have called a judge’s 2014 ruling “mistaken” and appe … more